Increased Grants for Community Wood and Forest Biomass Processing Facilities
This Act increases funding and improves access to grants for local facilities processing wood and forest biomass. These changes aim to support the rural economy, enhance the market competitiveness of local businesses, and promote the use of forest products. The maximum grant amount increases from 35% to 50% of project costs, and the total program budget is doubled.
Key points
Doubled Funding: Annual funding for the Community Wood Facilities Grant Program increases from $25 million to $50 million for fiscal years 2026 through 2030.
Higher Grant Percentage: The maximum grant amount a single project can receive increases from 35% to 50% of the total project costs.
Increased Financial Cap: The maximum amount for a single grant is raised to $5,000,000.
Focus Shift: The program now explicitly supports the construction, use, or retrofitting of forest products manufacturing facilities, rather than just retrofitting existing sawmills.
Status:
Introduced
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